Hey JA20,
I'm glad to see you're taking advantage of the awesome features QuickBooks Online offers to make your fiscal year-end hassle-free. Recently incorporated businesses often have a strange first fiscal period. Accurately recording this in QuickBooks goes a long way towards keeping your books organized, and taking full advantage of the product's powerful year-end features. I'm here to help you sort this out.
Note: The Workpapers feature available to accountants is currently designed for full months. Similarly, reports run for a fiscal will start on the first day of the first month, and end on the last day of the last month.
You can set a custom date for your fiscal year-end while closing books in just a couple easy steps:
- Click on the Gear icon, then select Account and Settings.
- Head to the Advanced tab and click in the Accounting section.
- Check Close the books and enter a Closing date.
- Select Save then Done.
Here's a couple articles with some extra details regarding closing books:
Let me know if you have any additional questions I can help with.